United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 10.5% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $9.05 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Tech is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for United Tech is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for United Tech
Pratt & Whitney Canada and Milestone Aviation Group Sign US$ 75 Million, 15-Year Deal for New Helicopter Engine Fleet Management Program
Thu, 27 Feb 2014 20:00:00 GMT
Business Wire – Pratt & Whitney Canada , a United Technologies Corporation company , and Milestone Aviation Group, a global leader in helicopter leasing, today announced a
Ahead of the Bell: US Unemployment Benefits
Thu, 27 Feb 2014 11:07:10 GMT
Ahead of the Bell: US Unemployment Benefits
Thu, 27 Feb 2014 11:07:10 GMT
General Electric Goes Long On Gas-Fired Distributed Power; Invests $1.4 Billion In New Business Unit
Thu, 27 Feb 2014 04:30:00 GMT
Sikorsky Wins Additional Milestone Order
Wed, 26 Feb 2014 22:25:04 GMT
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